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China powers strong half for Fonterra

Co-op declares first half-year dividend since 2018.

Tim Hunter Wed, 17 Mar 2021

Fonterra’s focus on China is paying off for the big dairy co-op as normalised earnings from the region grew 38% despite flat revenue in the latest half year.

In results announced to the market this morning, Fonterra declared its first interim dividend since 2018.

The board wanted to be

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Tim Hunter Wed, 17 Mar 2021
Contact the Writer: thunter@nbr.co.nz
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China powers strong half for Fonterra
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